Elizabeth Warren actually said...

"I have introduced with Senator Coburn, a truth in settlements bill that would require that whenever settlements are done..."

"There are 34 million families in the U.S. that are unbanked or underbanked, meaning they rely on check cashing, on payday lending or other financial services outside the traditional banking system."

"The average underbanked family makes about $25,000 a year and it spends about $2,400 a year just on interest and fees for basic financial services."

"I think this gives us an opportunity to expand access, an opportunity to create some real competition here, and an opportunity to think more creatively about how it is that people of moderate income, ..."